SureTrader SureTrader
Home > Boards > US OTC > Delisted >

Maxray Optical Technology Co., Ltd (fka MXOP)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board:
Last Post: 5/6/2016 9:12:11 AM - Followers: 0 - Board type: Free - Posts Today: 0

MAXRAY OPTICAL TECHNOLOGY (FUJIAN) CO., LTD., (formerly Amber Optoelectronics Inc.) (the "Company") is a Delaware corporation organized on January 25, 2007. The Company conducts its business through its subsidiary named as MAXRAY OPTICAL TECHNOLOGY (FUJIAN) CO. LTD., and the reverse merger was completed on December 15, 2009.

MAXRAY OPTICAL TECHNOLOGY (FUJIAN) CO., LTD., was established in Photoelectric Park, Rongqiao Economic and Technological Development Zone Fuqing, Fujian, China on March 8th, 2007.  

The Company and its subsidiary are mainly engaged to develop, design, produce on new flat panel display devices, liquid crystal display products, including modules and parts. The Company has won credit from world leading manufactures on LCM assembly services including backlight module assembling for LCD TV and monitors, and its related parts.

Their major customers such as JIELIAN Electronics Co., Ltd., HUAYING Video Co., Ltd, and HENGSHENG electric Co., Ltd, whose parent are publicly listed companies in Hong Kong or Taiwan.
 

Interesting note from last published financials Dec 31, 2010 period: 

 

Cash Flows from Financing Activities

Net cash provided by financing activities was $(6.25) million for the six months ended December 31, 2010, as compared to $12.79 million for the same period in the previous year. Cash provided by financing activities reduced during the six months ended December 31, 2010 primarily because the company paid off $6.1 million short-term loans from domestic banks in China.

 

The Company anticipates that its cash needs over the next 12 months will be met by primarily from a combination of ongoing profits, cash on hand, access to a negotiated in place line-of-credit of $15,000,000 United States dollars.

 

The line-of-credit is secured by a general pledge of the company's current assets. As at December 31, 2010, the company has not yet required the use of the line-of-credit.  


Authorized common shares:  50,000,000
Outstanding common shares:  34,728,850


 

PostSubject
#71   MXOP revoked: Renee 05/06/16 09:12:11 AM
#70   MXOP SEC Suspension for Financials / Filings delinquencies: Renee 01/22/16 09:35:14 AM
#69   MXOP is severely delinquent in filing their Financials Renee 02/22/15 11:27:37 AM
#68   Hello, the alarm went off today. ErnieBilco 03/06/13 06:19:44 PM
#67   Still sleepin ErnieBilco 02/27/13 07:41:51 AM
#66   Maxray Optical Technology Company Ltd. ErnieBilco 01/26/13 10:33:09 PM
#65   WAKE UPPPPPPPPPPPPPPPP ALREADY. ErnieBilco 01/03/13 11:34:25 AM
#64   Yeah Bilco, up 130% and still the ErnieBilco 12/08/12 11:31:51 PM
#63   Wow Ernie, trades!!!!!! who woulda thinkded it possible. ErnieBilco 12/08/12 11:31:01 PM
#62   Hello Ernie, man the action here is hard ErnieBilco 12/01/12 10:48:24 PM
#61   hellllllllllllllllllllloooooooooooooooooooooooooooooooo ErnieBilco 10/03/12 08:10:34 PM
#60   Dang both of me are still here. ErnieBilco 08/16/12 10:50:03 PM
#59   Bilco, why do you only talk to Ernie??? ErnieBilco 07/18/12 07:24:51 AM
#58   Ernie, you better get Bilco to be quiet. ErnieBilco 07/18/12 07:23:59 AM
#57   Wow, talk about nobody talking. this is the ErnieBilco 06/21/12 07:59:07 AM
#56   Well at least its trading I guess...... down ErnieBilco 05/31/12 04:07:35 PM
#55   Not very good from the looks of it. ErnieBilco 05/30/12 04:20:49 PM
#54   Figured I'd stop by to see how I'm doing. ErnieBilco 05/02/12 04:45:54 PM
#53   How do Bilco? ErnieBilco 04/10/12 04:11:31 PM
#52   Monthly post. Hello Ernie ErnieBilco 04/10/12 04:11:13 PM
#51   MXOP is alive. ErnieBilco 03/07/12 06:49:50 PM
#50   Still still nothing ErnieBilco 02/08/12 04:38:27 PM
#49   Still nothing ErnieBilco 12/01/11 09:27:33 AM
#48   Here is Ernie's new board ErnieBilco 10/01/11 10:06:17 AM
#47   Thank you for your good advice. eagleup 09/30/11 08:31:11 PM
#46   Are you feeling a little more assured with ErnieBilco 09/30/11 04:44:12 PM
#45   Thank you So Much! eagleup 09/29/11 04:02:02 PM
#44   That is my plan, I don't think it ErnieBilco 09/29/11 03:56:32 PM
#43   Thank you Ernie! eagleup 09/29/11 03:52:50 PM
#42   I am looking to see where it bottoms ErnieBilco 09/29/11 03:44:02 PM
#40   GL bud, hope. Hope it worx for ya, ChrisTianSurfer 09/22/11 05:26:23 PM
#39   Yeah, I got the email. Headed home ErnieBilco 09/22/11 05:19:34 PM
#38   7.75 per sub~penny trade is nice lol. There ChrisTianSurfer 09/22/11 05:15:06 PM
#37   eturd is too expensive - I'm just a ErnieBilco 09/22/11 05:11:56 PM
#36   I think jjl is with eturd, he might ChrisTianSurfer 09/22/11 05:09:47 PM
#35   I'm gonna give it another shot tonight without ErnieBilco 09/22/11 04:55:50 PM
#34   Cool bud, don't know much bout the rest ChrisTianSurfer 09/22/11 04:29:38 PM
#33   I need your last name too bud. ChrisTianSurfer 09/21/11 10:18:13 AM
#32   Ok, hit me at akstmm2@live.com~~ I need your ChrisTianSurfer 09/21/11 05:45:55 AM
#31   Awesome news on the PM ernie, I think ChrisTianSurfer 09/21/11 05:38:50 AM
#30   Not a problem, just be careful because I ErnieBilco 09/13/11 09:36:54 PM
#29   ANd thanks Ernie.... jmx1 09/13/11 09:32:37 PM
#28   Hey Ernie...... jmx1 09/13/11 08:04:26 PM
#27   OOOOOOOOOOOOOOMG a trade!!!!!! ErnieBilco 08/31/11 09:31:31 PM
#26   Nothing happening here, I'm getting sleepy, so very sleepy. ErnieBilco 08/17/11 10:34:36 PM
#25   Hi ErnieBilco! Nice to meet you again in PennyFans 07/28/11 10:45:48 PM
#24   I'm here Ernie, a big deal eh? :-D $toney 07/13/11 10:52:14 PM
#23   Hey while everyone was working the promos today ErnieBilco 07/13/11 09:59:45 PM
#21   No problem. I'm honest not rich, but I ErnieBilco 07/13/11 09:52:47 PM
#16   LOL ----- I followed this one for a dijeetyet 07/11/11 01:40:14 AM
PostSubject